Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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Rio Tinto Launches World’s First AEC in India

Perth: Mining giant Rio Tinto will begin its world-first Analytics Excellence Centre (AEC) in India, to improve equipment productivity across its global operations. The Centre will assess massive volumes of data captured by the array of sensors attached to Rio Tinto’s fixed and mobile equipment and enable experts to predict and prevent engine breakdowns and other downtime events, significantly boosting

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Mary & Onler Kom Celebrate Love with Platinum

New Delhi: India’s finest five time boxing world champion Mary Kom and husband Onler Kom celebrated their Platinum day of Love at PC Jeweller recently in the capital city. The inspirational duo celebrated their love for each other by exchanging Platinum Love Bands to mark their everlasting love. Precious platinum is a naturally white metal that never fades or tarnishes

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Varda Shine Joins Miner Lonmin

London: Varda Shine, who previously headed the Diamond Trading Company of De Beers, has joined the board of platinum miner Lonmin as an independent nonexecutive director. In addition to running the DTC, Shine, a British national, also served as nonexecutive chairperson of DTC Botswana, a 50-50 split between De Beers and the Botswana government, and as nonexecutive chairperson of Namibia

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De Beers February Sight Estimated at $550M

Gaborone: De Beers February sight closed with an estimated value of $550 million and rough diamond prices declined an estimated 2 percent to 3 percent, on average. Minor improvements in assortment qualities were also reported. Sightholders said deferrals were lower than they had been in January, but still remained relatively high, reports Rapaport. Notably, De Beers continued to allow sightholders

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India Pavilion at Jewellery Show London

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)-led India Pavilion is hosting Indian Jewellery manufacturers at the Jewellery Show London from 31st August to 1st September at Olympia London . The SELECT exhibitors, including G.C. Gems Corp, Minal Info Jewels, Steckbeck Jewellery Pvt. Ltd, Sejal Exports, Romil Jewellery, Blossom Jewels LLP, Dharam Export (India) Pvt Ltd, Shrinath Roto pack

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GDP Growth Reflects Resilience of India’s Economy: Kirit Bhansali

Mumbai: India’s strong services activity has helped GDP growth comfortably beat expectations for the second quarter in a row, rising to an impressive high of 7.8% for April-June 2025. The swift growth in the first quarter of the current financial year further consolidates India’s position as the world’s fastest growing major economy. Currently the world’s fourth-largest economy, India is on

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Kalyan Jewellers Launches Showroom in Dibrugarh

Mumbai: Kalyan Jewellers yesterday launched its all-new showroom at K.C Gogoi Path, Khalimari in Dibrugarh. Actor Genelia Deshmukh inaugurated the showroom, which aims to further strengthen the brand’s presence in the region. The showroom offers an array of exquisite designs from Kalyan Jewellers, featuring popular house brands such as Muhurat (Wedding Jewellery Line), Mudhra (Handcrafted Antique Jewellery), Nimah (Temple Jewellery)

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India’s G&J Ind. Bids Farewell to Kobbi Shoshani

Mumbai: Bharat Diamond Bourse ( BDB) & Gem & Jewellery Export Promotion Council (GJEPC) bade a warm farewell to Mr. Kobbi Shoshani, Consul General of Israel. During his tenure, Mr. Shoshani has been more than a diplomat—he has been a true ambassador of friendship. His leadership, vision, and unwavering commitment have strengthened the bonds between Israel and India, creating relationships

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